|Bid||14.14 x 0|
|Ask||14.20 x 0|
|Day's Range||14.04 - 14.65|
|52 Week Range||9.45 - 23.05|
|Beta (3Y Monthly)||3.65|
|PE Ratio (TTM)||22.17|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||0.01 (0.07%)|
|1y Target Est||14.97|
Waterton Global Resource Management Wants to Replace 80% of Hudbay Directors By John Jannarone Hudbay Minerals has suffered a rough stock performance in recent years. Could some new resources help shore the mining company up? The Toronto-based firm has expanded from a key mining asset in Manitoba several years ago to a sprawling global […]
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring gains, came to 26 cents per share. The metal and minerals mining ...
(In United States dollars, except where noted otherwise) TORONTO , Feb. 14, 2019 /PRNewswire/ -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) today reported ...
TORONTO , Feb. 14, 2019 /PRNewswire/ -- First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) today announced that its Board of Directors has approved a final dividend ...
Cobre Panama, a vast mining and processing complex near Panama’s Atlantic coast, processed its first ore on Monday, a half century after the deposit was discovered. At full production in 2021, it will turn Vancouver-based First Quantum into a top copper producer alongside giants like Freeport-McMoRan Inc. and BHP Group. For Panama, it’s the biggest investment ever outside the canal and makes the Central American country a key supplier to a copper market facing labor unrest and governments grasping for greater takes.
Why Freeport-McMoRan Is Surging TodayFreeport-McMoRan Freeport-McMoRan (FCX), the leading US-based copper miner (XME), is trading with gains of 5.5% as of 11:55 AM EST. Southern Copper (SCCO) and First Quantum Minerals (FM) have gained 1.6% and 1.4%,
TORONTO, Feb. 7, 2019 /PRNewswire/ - First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM") today announced that it has signed a new $2.7 billion Term Loan and Revolving Credit Facility (the "Facility") underwritten by three core relationship banks. This new Facility replaces the existing $1.5 billion Revolving Credit Facility. The new $2.7 billion Facility (with an accordion feature to increase it up to $3.0 billion before the end of 2019) comprises a $1.5 billion Term Loan Facility and a $1.2 billion Revolving Credit Facility (which can be upsized to $1.5 billion if the accordion feature is activated), maturing on December 31, 2022. The refinancing extends the debt maturity profile of the business. This will eliminate all material debt maturities through to 2022. In addition, it provides liquidity headroom under our Revolving Credit Facilities.
First Quantum to Release Fourth Quarter and Full Year 2018 Financial and Operating Results on February 14, 2019
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of First Quantum Minerals Ltd and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Vancouver-based First Quantum already owns 80 percent of the Kansanshi mine in Zambia’s North-Western Province, while state-owned ZCCM Investments Holdings Plc holds the rest. The deal would also include ZCCM-IH dropping a $1.4 billion legal claim against First Quantum over a loan the company received from Kansanshi, the people said. First Quantum spokesman John Gladston declined to comment when contacted on Monday.
The Company previously reported that a major land slippage occurred at the Cobre Las Cruces operation (see press releases dated January 23 and January 28), located in Gerena, Seville Province, Spain, that resulted in the shut-down of the open pit operation and management decided to shut down the hydrometallurgical complex. Prior to the incident mine personnel identified a risk and immediately implemented safety protocols. The investigation of the incident causes and impact continues with the involvement of the required Government authorities and independent geotechnical experts. The investigation is expected to take some time to complete. While the investigation is being completed, work to repair the pit will continue aimed at resuming normal mining activity which can occur once regulatory approvals have been received.
TORONTO , Jan. 28, 2019 /PRNewswire/ - First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM") previously reported on January 23, 2018 , that a land ...